Call for tax on bonuses

A local MP has called for a tax on bank bonuses to fund much needed jobs for youngsters across south east Northumberland.

Under Labour’s Compulsory Jobs Guarantee, every young person out of work in Blyth Valley for more than 12 months will be given a paid starter job, which they will have to take up or lose their benefits.

If Labour’s Compulsory Jobs Guarantee were introduced today, 165 young people would benefit in Blyth Valley and 4,845 would benefit in the north east.

Ronnie Campbell, MP for Blyth Valley, said: “Under David Cameron’s government too many young people in Blyth Valley are struggling to find work and not seeing any economic recovery at all.

“The young people in Blyth Valley would benefit from Labour’s Compulsory Jobs Guarantee if the policy were introduced today.

“Labour’s Compulsory Jobs Guarantee will get young people in Blyth Valley off benefits and into work.”